$230,000
SOLD FEB 25, 2025

1205 E Garfield St Unit 14 Phoenix, AZ 85006

Garfield Neighborhood
0.16 Acre
$1,437,500 Price per Acre
6,875 Sq Ft Lot

Recently Sold

22% Below List Price

275 Days on Market

Highlights

  • The property is located in a historic district
  • City Lights View
  • Level Lot
  • Phoenix Coding Academy Rated A
  • No HOA

About This Lot

As of February 2025

Clean, ready to go R-3 multifamily lot with building plans for three units: a Duplex of 2/2's plus a one bed apartment in the hot Garfield District, walking distance to downtown Phoenix, a few blocks from the Garfield neighborhood commercial hub at 10th St/Pierce with restaurants/bars and other services. A half mile to Banner headquarters, Arizona's largest employer! Plans call for a total of 3500 sf with garage parking! .. See attached renderings!

Last Agent to Sell the Property

Julia Foley

HomeSmart License #SA623912000 Listed on: 05/15/2024

HomeSmart

Last Buyer's Agent

Dana Lambert

Endless Ventures License #SA651441000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $669

Lot Details

  • 6,875 Sq Ft Lot
  • Level Lot
  • Property is zoned R-3

Additional Features

  • City Lights Views
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Mckinley Park Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 116-24-063

Property Details

Property Type

Land

Est. Annual Taxes

$669

Lot Details

0

Listing Details

  • Cross Street: 7th St/Roosevelt
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land, Plans Available, Plans Included
  • Topography: Level
  • Zoning: R-3
  • Tax Year: 2023
  • Directions: South to Garfield St, east to property on North Side
  • Horses: No
  • Lot Size Acres: 0.16
  • Road Surface Type: Asphalt, Sidewalk(s)
  • Subdivision Name: Mckinley Park
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Multi-Family

Exterior Features

  • Fencing: None
  • Lot Features: Historic District, City Light View(s)
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size: 50X137
  • Horse Amenities: Other
  • Lot Size Sq Ft: 6875.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 116-24-063
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 669.3
  • Tax Book Number: 116.00
  • Tax Lot: 14
  • Tax Map Number: 24.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Feb 21, 2025
Sold by
Underhill Michael J
Bought by
Dana Lambert Pllc
Seller's Agent
Julia Foley
HomeSmart
Buyer's Agent
Dana Lambert
Endless Ventures
List Price
$295,000
Sold Price
$230,000
Premium/Discount to List
-$65,000
-22.03%
Views
81
Current Estimated Value
$250,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,795
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Feb 14, 2018
Sold by
Gonzales Gabriel and Nava Irma P
Bought by
Jimenez Emanuel Lindorfe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2018
Sold by
Jimenez Emanuel Lindorfe
Bought by
Underhill Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Coulon George Brian
Bought by
Gonzales Gabriel and Nava Irma P

Purchase Details

Closed on
Mar 22, 2000
Sold by
Fernando Ralph Nicholas
Bought by
Coulon George Brian

Purchase Details

Closed on
May 12, 1998
Sold by
Gomez Pete and Rice Edna May
Bought by
Fernandez Ralph Nicholas and Rice Edna May
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 Empire Title Agency
Warranty Deed $110,000 Great American Title Agency
Warranty Deed $125,000 Great American Title Agency
Cash Sale Deed $32,000 Grand Canyon Title Agency In
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $230,000 -11.2% --
02/15/2025 02/15/25 Pending -- -- --
12/05/2024 12/05/24 Price Changed $259,000 -2.3% --
10/29/2024 10/29/24 Price Changed $265,000 -10.2% --
05/15/2024 05/15/24 For Sale $295,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $676 $5,054 $5,054 --
2024 $669 $4,813 $4,813 --
2023 $669 $28,920 $28,920 $0
2022 $646 $18,225 $18,225 $0
2021 $641 $16,035 $16,035 $0
2020 $648 $13,305 $13,305 $0
2019 $647 $6,975 $6,975 $0
2018 $636 $5,370 $5,370 $0
2017 $621 $4,125 $4,125 $0
2016 $603 $3,750 $3,750 $0
2015 $596 $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6705880

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-24-063